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A Brisbane based business was recently the subject of a cyber attack where the hackers made numerous extortion threats and stole sensitive data from them. The business was completely unprepared for the attack, Acting Assistant Brian Hay from the State Crime Command said “We are strongly urging business to ensure their computer systems are secure and protected from hackers.”

Robust management liability coverage will enable you to sleep soundly at night. But how many of you are still operating with directors and officers coverage without realising they are wide open to claims? Or worse still, how many hof you aven’t considered the importance of such a policy?

Anthem Inc., the nation’s second largest health insurer, disclosed Wednesday that hackers had broken into its servers and stolen Social Security numbers and other personal data from all of its business lines.